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| | | ... we achieve parity in super balances, he said. "Interestingly, the data indicates that women have a higher average balance early in their careers. Perhaps unsurprisingly, the gender gap peaks at 25% in the 35-44 age bracket and, while reduced over time ... |
| | | | ... demand." The survey said generative AI's potential to transform the investment workflow makes it fundamentally different from early-stage fintech applications, such as automated investment advice, "which worked to mostly complement rather than disrupt ... |
| | | | ... Standard that the $14.2 billion superannuation fund will unveil Easy Default, which aims to help members spend more in the early stages of retirement with confidence, as well as have enough to last throughout their lifetime. "Easy Default is an account-based ... |
| | | | ... least 43,605 members with more than one account - but did not sufficiently move to address the issue until late 2021 and early 2022. This is the first case to be brought by ASIC in its capacity as a co-regulator with APRA, overseeing the conduct of super ... |
| | | | ... in commercialisation of new technology in the decarb [decarbonisation] space," he said. "As an example, Australia was an early leader in innovation in battery storage but now China has taken over as the global leader. This was a missed opportunity." ... |
| | | | APRA has found early signs of change in the remuneration practices of financial services entities in a review of how Prudential Standard CPS 511 has been applied. In a letter to all APRA-regulated entities, the regulator said it was pleased with the ... |
| | | | ... soft landing," they added. However, the pair said the path ahead remained unclear. "At the same time, we are still only early in the journey of getting inflation back to target. And, the RBA has assessed that the balance of risks is still that inflation ... |
| | | | ... McKay said. "In our view, we see the opportunity for consolidation has a long way to run. We think we're at the very early stages." |
| | | | ... Your Super performance test for a third time. AMG Super has announced to members that it will close its MySuper product early next year. The notice was issued to members on August 25. Five days later, APRA notified AMG Super it had failed the performance ... |
| | | | ... in physical locations, making it easier to evaluate the impacts of weather-related events. While the fund is still in the early stages of developing its resilience strategies, they're actively working to understand how both transition and physical risks ... |
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